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We demonstrate that short-run real exchange effective rate changes are dominated by nominal effective exchange rate changes, while inflation rates are sticky and contribute little to short-run real exchange rate changes. These observations allow a rather accurate real-time approximation of the...
Persistent link: https://www.econbiz.de/10013184685
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in … China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank … currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the …
Persistent link: https://www.econbiz.de/10003798394
China is both a major trading partner of the United States and the largest official holder of U.S. assets in the world … article explains the reasons for this large decline in official assets, what China's policy choices are, and how these choices …
Persistent link: https://www.econbiz.de/10011586659
This paper reviews the steps that China has taken towards financial reform with a particular focus on capital account …, China's debt has doubled, reaching levels that are clearly above those of most emerging markets. This increases the risks … embedded in financial reform and, in particular, capital account liberalisation. At this juncture, however, China has no option …
Persistent link: https://www.econbiz.de/10011384045
financially than the Chinese economy, but China seems to be catching up with India in the wake of the global financial crisis … Chinese money markets, in contrast to the consensus projection that China is likely to experience net private capital outflows …
Persistent link: https://www.econbiz.de/10010402814
, and the future of cash in various monetary systems, contrasting case studies from China, Japan, Korea, and Singapore with … Ongoing Evolution of Payment Instruments in China: A Case Study in Financial Innovation and on the Role of the Central Bank …
Persistent link: https://www.econbiz.de/10012397270
establishment on prospects for the internationalization of the renminbi as a reserve currency around the world. As China's economy … international finance. The International Monetary Institute at Renmin University is China's foremost think-tank on issues of …
Persistent link: https://www.econbiz.de/10012397338
Persistent link: https://www.econbiz.de/10001537382
substitutes for EU exports on the Russian market. This means that an increase in China-Russia economic cooperation should have a … negative impact on European exports. The authors simulate a scenario in which trade tariffs between Russia and China are … sectors in Europe will be more affected by the increasing economic links between China and Russia, and finds that electronic …
Persistent link: https://www.econbiz.de/10011509604
This volume contains essays from outsourcing experts that explore the current state China. The essays cover everything … from China's rapidly increasing demand for imported energy to global warming to the question of whether China is or is not …
Persistent link: https://www.econbiz.de/10012106286